Which of the following items will most likely vary spontaneously with sales
A) accounts receivable
B) long- term bonds
C) administrative expenses
D) preferred stock

Question

Quizplus · Accepted Answer

Accounts receivable are directly tied to sales; as sales increase, accounts receivable typically increase as well, reflecting the credit sales made to customers. Long-term bonds, administrative expenses, and preferred stock do not directly vary with sales in the immediate term.

Which of the Following Items Will Most Likely Vary Spontaneously